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Jan Has Implemented a Change Impacting Aspects of the Formal

question 4

Multiple Choice

Jan has implemented a change impacting aspects of the formal task and authority system within her organization.This would be best described as a ___________ change.


Definitions:

Treasury Stock

Refers to shares that were once part of the outstanding shares but were bought back by the company and are now held in the company's treasury.

Par Value

A nominal value assigned to a share of stock by the company's corporate charter, unrelated to the market value.

Stated Value

A fixed dollar amount assigned to each share of no-par stock, designated by the board of directors of a company.

Treasury Stock

Shares that were once a part of the outstanding shares but were bought back by the company and are now held in the company's treasury.

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